RICO INC (EIN 660831665) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

CAMILLE COLLAZO

Phone

1787210483

Tax Period

2023-01-01 to 2023-12-31

RICO INC, founded in 2014, is a micro nonprofit in the Food, Agriculture & Nutrition sector that reported $2K in total revenue in fiscal year 2023. Expenses of $26K exceeded revenue, resulting in a 944% operating deficit.

Mission

THE DEVELOPMENT OF AGRICULTURE IN PUERTO RICO THROUGT EDUCATION, HEALTH AND FOOD SECURITY THROUGH ORGANIC, COMMUNITY AND URBAN AGERICULTURE. OFFER EDUCATIONAL SERVICES THROUGH SEMINARS AND WORKSHOPS FOR FARMERS IN MANAGEMENT, ADMINISTRATIVE AND TECHNICAL MATTERS. THE PROTECTION AND CONSERVATION OF THE NATURAL RESOURCES OF PUERTO RICO.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,475

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,475

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $25,846

Other Expenses $25,846

TOTAL EXPENSES $25,846

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,475	N/A	N/A
Expenses	$25,846	N/A	N/A
Net Income	$-23,371	N/A	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$1,400

Total Directors

Key Employees

$8,030

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAMILLE COLLAZO ORTIZ	EJECUTIVE DIRECTOR	010.00	Officer	$1,400	$0	$1,400
PAOLA MILLAN	EMPLOYEE	010.00	Key Emp	$1,400	$0	$1,400
ELSA ORTIZ	EMPLOYEE	010.00	Key Emp	$1,220	$0	$1,220
HUGO VARONA	EMPLOYEE	010.00	Key Emp	$1,440	$0	$1,440
THEREL SANTOS	EMPLOYEE	010.00	Key Emp	$2,300	$0	$2,300
OMAR ORTIZ	EMPLOYEE	010.00	Key Emp	$1,670	$0	$1,670

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2023	$2,475	$25,846	$29,095	$-23,371

RICO INC